Accounting and finance is one of those topics no one likes to deal with. Except us. We like to talk about it because we (Maesz and I) do it, and we teach it. We’ve written a series of articles on accounting and bookkeeping, and here are some of our better items.
- Do you get accounting?
- The easiest accounting system
- Top 3 Year-end Accounting Tasks
- Simplified Small Biz Accounting and Record Keeping
- Simplified accounting for side businesses and micro enterprises
While you’re reading up, don’t miss:
- The “What qualifies as deductible?” list in Checklists for starting your first business
- Tips for tracking details in QuickBooks if you are a QB user
- The link to Gina in How to organize your business accounting records
- And Maesz’ post direct from the IRS on How to keep good tax records
One parting piece of advice:
Don’t ignore the bookkeeping just because you don’t like to do it.
That’s all too common, and all too deadly.
New to SmallBizSurvival.com? Take the Guided Tour. Like what you see? Get our updates.
- Community engagement planning: old way vs. Idea Friendly way - October 3, 2021
- Boost your maker economy with a “Made in” day - September 17, 2021
- How a ghost town made something from nothing with a folk festival - September 3, 2021
- Rural business idea: sell foraged fruits and more - August 3, 2021
- Best practices for rural housing - July 19, 2021
- How to be more open to new ideas #IdeaFriendly - July 3, 2021
- Market your small town as a movie filming location, attract movie and game fan tourists - June 28, 2021
- Survey of Rural Challenges 2021 results, analysis of themes from 2015 through today - June 7, 2021
- What makes a small town a micropolitan or nanopolitan? - May 22, 2021
- Improving Rural Housing: turning blighted dilapidated houses into new homes - May 7, 2021
Absolutely right, spot-on. But, of course, I am only slightly prejudiced.
Pls con firm that inventory does not affect profit/loss, but effects cash flow
Anon, you’re correct. I’ve added more detail in Inventory Basics for Small Business.